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PDC Energy Inc PDCE

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Morningstar’s Analysis

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1-Star Price

PREMIUM

5-Star Price

PREMIUM

Economic Moat

PREMIUM

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Company Profile

Business Description

PDC Energy Inc is an exploration and production company that produces, develops, acquires, and explores crude oil, natural gas, and NGLs. The company has a significant operational presence in United States onshore basins. PDC's operational control in its core areas is enhanced by its leasehold positions being held-by-production. It remains flexible in terms of rig activity and capital deployment due to short-term rig contracts and held-by-production acreage. Through a technology focus, PDC implements multiwell drilling, extended laterals, increased frac stage density, enhanced frac design, and drilling efficiencies. The company's wells are built to perform at various densities and lengths.

Contact
1775 Sherman Street, Suite 3000
Denver, CO, 80203
T +1 303 860-5800
Sector Energy
Industry Oil & Gas E&P
Most Recent Earnings Dec 31, 2020
Fiscal Year End Dec 31, 2021
Stock Type Hard Assets
Employees 520